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12° Nicosia,
09 July, 2020
 

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Displaying results 1-28 of 28 matches for query bankruptcy.

1. Need for transparency on COVID-19 public spending

https://knews.kathimerini.com.cy/en/news/need-for-transparency-on-covid-19-public-spending

The Organisation for Security and Cooperation in Europe Parliamentary Assmebly’s (OSCE PA) Special Representative on Fighting Corruption Irene Charalambides, has called for the highest levels of transparency and good governance on COVID-19 related public expenditures....

2. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

3. Cyprus hotels to take a €60 million hit as thousands stranded by Thomas Cook collapse

https://knews.kathimerini.com.cy/en/news/cyprus-hotels-to-take-a-€60-million-hit-as-thousands-stranded-by-thomas-cook-collapse

Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry. ...

4. Looking for true followers

https://knews.kathimerini.com.cy/en/comment/opinion/looking-for-true-followers

Surely it is time for Greece’s most affluent citizens to step up, not out of self-interest, but in order to help the country through this critical time. As it starts to recover from bankruptcy, the country finds itself with scant resources and huge needs in key areas. Virtually all sectors – including defense, health, education and culture – have been seriously impacted by successive waves of budget cuts, a situation that has been aggravated by the failure of Greek politicians to implement bold measures. ...

5. Mitsotakis, expectations and the need for unity

https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-expectations-and-the-need-for-unity

The coming weeks will naturally see an emphasis on New Democracy’s proposals on all the major issues, from the economy and security, to education and health. At the same time the new prime minister will have to strike a balance between the rival forces within his party’s ranks, combining the new with the old. ...

6. Cyprus wants more German tourists

https://knews.kathimerini.com.cy/en/news/cyprus-wants-more-german-tourists

7. Cyprus aims to maintain the same number of tourists as in 2018

https://knews.kathimerini.com.cy/en/news/cyprus-aims-to-maintain-the-same-number-of-tourists-as-in-2018

8. President stands by Finance Minister

https://knews.kathimerini.com.cy/en/news/president-stands-by-finance-minister

9. Germania airline files for bankruptcy, halts flights

https://knews.kathimerini.com.cy/en/news/germania-airline-files-for-bankruptcy-halts-flights

10. Arrogance sends cocky message to kids

https://knews.kathimerini.com.cy/en/comment/opinion/arrogance-sends-cocky-message-to-kids

Michalis Tsikalas writes about the education crisis, commenting on a show of arrogance that exists in the wider public sphere. This type of arrogance, whether coming from public officials or teacher unions, sends a wrong message to kids and stands in the way of getting basic messages of respect through them...

11. Knock it down and rebuild it from scratch

https://knews.kathimerini.com.cy/en/comment/opinion/knock-it-down-and-rebuild-it-from-scratch

12. Bulgaria scrambling over Olympic bankruptcy

https://knews.kathimerini.com.cy/en/news/bulgaria-scrambling-over-olympic-bankruptcy

The bankruptcy of Cyprus-based Olympic Insurance Company has become the focus of attention and a regulator has resigned, after 200,000 Bulgarians were left without insurance...

13. President thanks parliamentary caucus for Sunday votes

https://knews.kathimerini.com.cy/en/news/president-thanks-parliamentary-caucus-for-sunday-votes

President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...

14. House approves state guarantees in co-op deal

https://knews.kathimerini.com.cy/en/news/house-approves-state-guarantees-in-co-op-deal

The House passed legislation Sunday night in favour of providing state guarantees to Hellenic Bank in its acquisition of Cyprus Cooperative Bank’s healthy portfolio...

15. House shifts into gear with Sunday bad loans session

https://knews.kathimerini.com.cy/en/news/house-shifts-into-gear-with-sunday-bad-loans-session

It will be a long weekend for the House finance committee, which will hold emergency sessions ahead of a crucial Sunday vote on bad loans and state guarantees for Hellenic Bank...

16. Cabinet okays homeowner plan ahead of crucial House session

https://knews.kathimerini.com.cy/en/news/cabinet-okays-homeowner-plan-ahead-of-crucial-house-session

The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...

17. House prepares to define good and bad borrowers

https://knews.kathimerini.com.cy/en/news/house-prepares-to-define-good-and-bad-borrowers

The distinction between responsible and irresponsible borrowers is at the forefront of heated debate this week, with Presidential Palace and Parliament scrambling to strike balance ahead of a crucial vote...

18. Government welcomes Diko support on bad loans

https://knews.kathimerini.com.cy/en/news/government-welcomes-diko-support-on-bad-loans

The Cyprus government says it can work with opposition centrist party Diko to pass much needed comprehensive legislation on bad loans that would also pave the way for a co-op deal to go forward...

19. Bad loans revive MP financial disclosure debate

https://knews.kathimerini.com.cy/en/news/bad-loans-revive-mp-financial-disclosure-debate

A ruthless debate is picking up steam among members of parliament following public discussion and media coverage that raises the issue of conflict of interest ahead of a crucial vote on bad loans...

20. Co-Op deal with Hellenic still up in the air

https://knews.kathimerini.com.cy/en/news/co-op-deal-with-hellenic-still-up-in-the-air

The government is running against the clock with bad loans legislation, which would include a bill approving state guarantees for Hellenic Bank to absorb potentially high-risk loans in co-op takeover...

21. ESM warns Cypriot banks of quick fixes

https://knews.kathimerini.com.cy/en/business/esm-warns-cypriot-banks-of-quick-fixes

The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...

22. Worried investors looking for Lillevyali in Cyprus

https://knews.kathimerini.com.cy/en/business/worried-investors-looking-for-lillevyali-in-cyprus

The whereabouts of Russian hedge fund manager German Lillevyali are currently unknown, but his possible location in Cyprus is shrouded in even more mystery as people are looking to get their money back...

23. Spanish police detain, then release Kremlin critic Browder

https://knews.kathimerini.com.cy/en/news/spain-police-arrest-fund-manager-browder-on-russia-warrant

British businessman Bill Browder, a prominent Kremlin critic, was detained and then released by Spanish police on Wednesday, after a warrant for his arrest he said came from Russia was found to be no longer valid...

24. Film producer Weinstein to surrender on sex assault charges

https://knews.kathimerini.com.cy/en/news/film-producer-weinstein-to-surrender-on-sex-assault-charges

Film producer Harvey Weinstein was expected to surrender to authorities in New York on Friday, months after he was toppled from Hollywood’s most powerful ranks by scores of women accusing him of sexual assault, a person familiar with the case said....

25. Cyprus tightens vetting for investment-for-passport scheme

https://knews.kathimerini.com.cy/en/business/cyprus-tightens-vetting-for-investment-for-passport-scheme

In the wake of criticism that it was operating a "passports-for-cash" scheme, Cyprus has toughened up vetting procedures for those investors looking to get their hands on a European Union passport...

26. Europe’s walls and Italy

https://knews.kathimerini.com.cy/en/comment/europe-s-walls-and-italy

A coalition government between two Italian parties that are ready to challenge core European Union rules and practices will show whether the Union still has reserves of strength or whether decay and fragmentation are inevitable...

27. Bad loans still high despite fast economic growth

https://knews.kathimerini.com.cy/en/business/bad-loans-still-high-despite-fast-economic-growth

Cyprus' economic growth has been supported by construction, tourism and professional services...

28. On the European Path

https://knews.kathimerini.com.cy/en/comment/on-the-european-path

Turkey might push things to the extremes because it has entered a phase of instability...

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